Will the dollar lose its leading reserve currency status by 2040?
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1kṀ646
2039
29%
chance

Resolved as „Yes”, if at any point before 2040 the dollar represents less foreign reserve holdings than some other currency. Currently, the dollar represents 58% of foreign reserve holdings worldwide, while the euro, second most used currency, 21%.

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@Sprunki Retake Factors such as changes in geopolitical relations and the development of digital currencies will greatly influence this issue.

bought Ṁ30 YES

What if most of the world economy demonetises by 2040?

@RemNi What do you mean by demonetises? If there are more foreign reserves held in btc for example, then the question resolves as YES

@ukaszBartoszcze if money is no longer used as a store of value, or is no longer used in most transactions

@RemNi then this is about what happens until this point with the foreign currency reserves- I strongly suspect they won’t be comprised of dollars in the transition towards demonetisation

@ukaszBartoszcze for example if a more efficient system emerges enabling an improved exchange of goods and services and this doesn't map to scalar values, so the concept of money becomes obsolete

@ukaszBartoszcze right thanks for the precision

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